18120 Sherman Way - Freestanding FOR SALE


Reseda, CA 91335
$7,000,000 USD
858-431-6261
18120 Sherman Way, Reseda, CA for Sale
$7,000,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

18120 Sherman Way
Reseda, CA 91335


HIGHLIGHTS

  • Rare Ownership Opportunity: ±14,026 SF former Bank of America on ±1.06 acres in the heart of Reseda.
  • Prime Frontage & Visibility: Expansive exposure along Sherman Way with two existing curb cuts providing excellent ingress/egress.
  • Flexible Reuse Potential: Ideal for medical, educational, office, retail, community-serving, or mixed-use concepts.
  • Development-Ready Site: Existing structure can be repurposed or demolished for ground-up redevelopment.
  • Sits within a transforming corridor with multiple pathways to value creation —adaptive reuse, phased repositioning, or full redevelopment.

OVERVIEW

18120 Sherman Way represents a rare chance to control a highly visible ±14,026 SF two-story former Bank of America building situated on approximately 1.06 acres in the heart of Reseda. With expansive frontage along Sherman Way, two existing curb cuts providing excellent ingress/egress, and strong traffic counts, the property offers outstanding visibility and branding potential for a wide range of users. The existing structure lends itself well to creative reuse — including medical, educational, professional office, retail, community-serving, or mixed-use concepts — benefiting from generous floorplates, abundant parking, and flexible site circulation. Alternatively, the property can be demolished and repositioned for new development, offering a blank canvas for developers seeking to capitalize on Reseda’s ongoing revitalization and the wave of investment occurring along Sherman Way. Surrounded by new housing, retail upgrades, and improving neighborhood amenities, 18120 Sherman Way sits at the center of a corridor undergoing meaningful transformation. This is an opportunity to secure a strategically located site with multiple potential pathways to value creation — whether through adaptive reuse, full redevelopment, or a phased repositioning strategy.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

LAC2

APN/PARCEL ID

2125-036-083

ASK ABOUT THIS PROPERTY

Dan MorrarPeak Facility PartnersMore Info
858-431-6261

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Dan MorrarPeak Facility PartnersMore Info
858-431-6261

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.